DermTech Inc - Warrants(20/06/2022) chart

Last update: 2022-12-29
Key statistics and financials
Revenue per share N/A
Dividend & YieldN/A$ (N/A)
Beta N/A
Market capitalization N/A
Operating cash flow N/A
ESG Scores unknown



Investment strategy backtesting

These are the result of three automatic investment systems applied to DermTech Inc - Warrants(20/06/2022). You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on DermTech Inc - Warrants(20/06/2022)

Here is the result of two systematic investment strategies applied to DermTech Inc - Warrants(20/06/2022). The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on DermTech Inc - Warrants(20/06/2022)

The following chart shows the equity curve of the two systematic investment strategies applied to DermTech Inc - Warrants(20/06/2022):

DermTech Inc - Warrants(20/06/2022) automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 1170.07% on the backtest period.

Performance at glance

Performance

1170.07 %

Latent gain

20485.29 $

Invested capital

1750.77 $

Annualized return

282.63 %
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Momentum strategy results on DermTech Inc - Warrants(20/06/2022)

This is the result of two momentum investment strategies applied to DermTech Inc - Warrants(20/06/2022). The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on DermTech Inc - Warrants(20/06/2022)

The following chart shows all the entries opened by the momentum investment system on DermTech Inc - Warrants(20/06/2022):

DermTech Inc - Warrants(20/06/2022) momentum entries
  • The first momentum investment strategy would give 1351.07% of return on DermTech Inc - Warrants(20/06/2022). That represents 70903.5$ of latent gain with 5247.96$ of employed capital.
  • The second momentum investment strategy would give 2093.56% of return on DermTech Inc - Warrants(20/06/2022). That represents 78478.22$ of latent gain with 3748.54$ of employed capital.
Performance at glance (1Q Momentum)

Performance

1351.07 %

Latent gain

70903.5 $

Invested capital

5247.96 $

Annualized return

0.0 %
Performance at glance (2Q Momentum)

Performance

2093.56 %

Latent gain

78478.22 $

Invested capital

3748.54 $

Annualized return

572.01 %

Momentum equity curve on DermTech Inc - Warrants(20/06/2022)

The following chart shows the equity curve of the two momentum strategies applied to DermTech Inc - Warrants(20/06/2022):

DermTech Inc - Warrants(20/06/2022) momentum equity

Note: the dividends potentially given by DermTech Inc - Warrants(20/06/2022) are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on DermTech Inc - Warrants(20/06/2022)

The following chart shows the employed capital evolution of the two momentum strategies on DermTech Inc - Warrants(20/06/2022) since the beginning:

DermTech Inc - Warrants(20/06/2022)

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on DermTech Inc - Warrants(20/06/2022)

Buy the dip entry openings on DermTech Inc - Warrants(20/06/2022)

DermTech Inc - Warrants(20/06/2022)

The performance achieved by the robo-advisor on DermTech Inc - Warrants(20/06/2022) is 0%. That represents 0.0$ of latent gain with 0.0$ of employed capital. The following chart shows DermTech Inc - Warrants(20/06/2022) stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of DermTech Inc - Warrants(20/06/2022), and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 $

Invested capital

0.0 $

Annualized return

0.0 %

Equity curve of the strategy applied to DermTech Inc - Warrants(20/06/2022)

The following chart shows the result of the investment strategy applied to DermTech Inc - Warrants(20/06/2022):

DermTech Inc - Warrants(20/06/2022)

Note: the dividends potentially given by DermTech Inc - Warrants(20/06/2022) are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on DermTech Inc - Warrants(20/06/2022)

The following chart shows the employed capital evolution since the beginning of the investment strategy on DermTech Inc - Warrants(20/06/2022):

DermTech Inc - Warrants(20/06/2022)

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on DermTech Inc - Warrants(20/06/2022)

In this section, I will compare the three previous investment strategies applied to DermTech Inc - Warrants(20/06/2022).

Equity curve comparison on DermTech Inc - Warrants(20/06/2022)

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

DermTech Inc - Warrants(20/06/2022) investment strategy comparison

Employed capital comparison on DermTech Inc - Warrants(20/06/2022)

DermTech Inc - Warrants(20/06/2022) investment comparison

Performance comparison on DermTech Inc - Warrants(20/06/2022)

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 1170.07% 20485.29$ 1750.77$ 282.63%
Momentum 1 quarter 1351.07% 70903.5$ 5247.96$ 346.43%
Momentum 2 quarters 2093.56% 78478.22$ 3748.54$ 572.01%
Non-directional 0% 0.0$ 0.0$ 0.0%
Annualized return comparison

Automatic investment

282.63 %

Momentum 1Q

572.01 %

Momentum 2Q

572.01 %

Non-directional

0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with DermTech Inc - Warrants(20/06/2022):

Positive correlations

Most correlated stocks this year

  • DermTech Inc - Warrants(20/06/2022)

  • Most correlated stocks last 3 months

  • DermTech Inc - Warrants(20/06/2022)
  • FY FINANCIAL

  • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months

  • NORTH AMERICAN CONSTRUCTION GROUP LTD
  • Energy Focus Inc

  • Note: The algorithm computes the probability of correlation between DermTech Inc - Warrants(20/06/2022) and the other stocks. There may be false positives or some missing correlated stocks. If the price of DermTech Inc - Warrants(20/06/2022) does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name DermTech Inc - Warrants(20/06/2022)
    Country
    City
    Address
    Phone
    Website
    FullTime employees
    Industry
    Sector
    Exchange XNAS
    Ticker DMTKW
    Market www.nasdaq.com

    DermTech Inc - Warrants(20/06/2022) ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown